Tina contributes 9.5% of her monthly salary towards her 401(k) and her employer matches her contribution up to 5.4% of her annual salary. If the interest rate of her 401(k) is 8.1% compounded monthly and her monthly salary is $2,461, determine the amount in her account after 25 years. Round to the nearest cent.
a.
$339,804.33
b.
$354,452.86
c.
$344,941.24
d.
$347,269.59
Please select the best answer from the choices provided
A
B
C
D
Answers
Answer:
In 25 years, Tina will have $354,452.86
Step-by-step explanation:
Monthly Contribution - $366.69 (Tina & Employer)
Length of Time in Years - 25
Estimated Interest Rate - 8.1%
Compound Frequency - Monthly
Related Questions
Which class has a ratio of girls to total students of 7:10?
A. class with 3 boys and 7 girls
B. class with 7 boys and 3 girls
C. class with 7 boys and 10 girls
D. class with 10 boys and 7 girls
Answers
Answer:
A
Step-by-step explanation:
The total class is 10
the number of girls is 7
ratio of girls to total students - 7:10
For the equation, decide if it is always true or never true.
x − 3 = 2x − 3 − x
Answers
Answer:
true
Step-by-step explanation:
A person was modeling a declining population with a decay factor of 0.5 using pennies. They started with 100 pennies and flipped all 100 pennies. Any pennies that landed on tails were removed. Then, the remaining pennies are flipped again and again the ones landing on tails were removed. The process is repeated until no pennies are left. How many flips is the most reasonable expectation for when this model should reach 0 pennies?
4 flips
8 flips
12 flips
16 flips
Answers
Answer: 8 flips
Step-by-step explanation:
An ant bed contains about 230 ants. If there are 6 of these beds on the playground, how many ants are there?
Answers
Multiply number of ants per bed by number of beds.
230 ants x 6 beds = 1,380 total ants
the answer I got was 1,380
A total of 633 tickets were sold for the school play. They were either adult tickets or student tickets. There were 67 fewer student tickets sold then adult tickets. How many tickets were sold?
Answers
Answer:
x+x-63=637 solve for x
2x=700 divide each side by 2
x=350
so 350 adult and 350-63=287 student
your answe is
287
3/4 divided by 1/2
Step by step explanation
Answers
Answer:
1.5
Step-by-step explanation:
When we divide two fractions, such as 3/4 ÷ 1/2, we flip the second fraction and then we simply multiply the numerators with each other and the denominator with each other.
We also simplify the answers to fraction problems whenever possible.
Answer: 3/2 or 1 and 1/2
Step-by-step explanation: Remember that dividing by a fraction
is the same thing as multiplying by the reciprocal of the fraction.
The reciprocal of a fraction is just that fraction flipped.
So 3/4 ÷ 1/2 can be rewritten as 3/4 × 2/1.
Before multiplying however, notice that we
can cross-cancel the 2 and 4 to get 1 and 2.
Finally, multiplying across the numerators and
across the denominators, we have 3/2 or 1 and 1/2.
3.5x = 20 Round to nearest hundredths
place
Answers
Answer:
5.71
Step-by-step explanation:
x = 20/3.5 = 5.71
Consider the following problem: There are 722 identical plastic chips numbered 1 through 722 in a box. What is the probability of reaching into the box and randomly drawing the chip numbered 552
Answers
Answer:
Probability of reaching Chip number 552 = 1 / 722
Step-by-step explanation:
Given:
Total number of chips = 722
Chip number selected = 552
Computation:
Probability of reaching Chip number 552 = Number of chip selected / Total number of chips
Probability of reaching Chip number 552 = 1 / 722
14.976 divided by 6 with remainder
Answers
Answer:
0
Step-by-step explanation:
it's divided evenly with no remainder
WILL GIVE BRAINLIEST PLS HELP
An action figure is 5 inches tall. If the toy company modeled the action figure off of a TV star that is 6 feet 3 inches tall. What ratio did they use?
A. 15 inches = 1 inch
B. 14 inches = 1 inch
C. 14.4 inches = 1 inch
D. 1.6 inches = 1 inch
Answers
Answer:
a
Step-by-step explanation:
Elyse's cell phone plan allowes up to 8 GB of data each month. She received an alert that she used 95% of her Data. How much data does she have left
Answers
Answer:
She has 400 megabytes left
Step-by-step explanation:
pls help asap!! no trolls
Answers
Answer:
7
Step-by-step explanation:
а>12-6
Someone please help me
Answers
Answer:
them some expensive pencils
a six sided cube is rolled. find the probability of P (4) as a decimal
Answers
Answer:
.66
Step-by-step explanation:
What 12x12 I need help please help me
Answers
Answer:
144
Step-by-step explanation:
-0- Easy :D
please help. im pretty stumped
Answers
Answer:
-
you write the answer here
Step-by-step explanation:
and explain here
2) If the bill is $100 and the tax rate is 10%, then the sales tax is how much
money?
$ 20.00
$ 25.00
$ 10.00
$ 5.00
3) If the bill is $45.12 and the tax rate is 13%, then the sales tax is how much I point
money?
Answers
Answer:
it's $25.00
Step-by-step explanation:
please help me i’ll mark brainliest, comment, and rate 5 stars
Answers
Answer:
c...........................
which list shows the numbers in order in which they would appear from left to right on the number line
Answers
Allan writes down n positive integers so that the sum of those numbers is 23. When he multiples those numbers, he gets the maximum result. List all of the n positive integers that Allan has written.
Answers
Answer:
3, 3, 3, 3, 3, 3, 3, 2Step-by-step explanation:
To get maximum product we need to optimize how we break down the numbers
Its obvious we don't want number 1 to be used as it won't change the product
Also we don't want to use big numbers, we can have four 5's instead of two 10's as it would give greater product, 5*5 > 10
What is best number?
2 and 3 are the smallest, 4 can be written as two 2's5 = 2+ 3 and 2*3 = 6, so it is better to use 2's and 3's instead of 56 = 2+2+2, 2^3 = 8 and 6 = 3+ 3, 3^2 = 9, so it is better to use two 3's for 67 = 2+2+3, 2*2*3= 12, again 2's and 3's make greater productSo the best is to break the number down to 2's and 3's
23 = 2*10 + 3 ⇒ 2^10*3 = 307223 = 3*7 + 2 ⇒ 3^7*2 = 4374As we see the maximum product we can get is 4374 with seven 3's and one 2.
Hence the numbers are:
3, 3, 3, 3, 3, 3, 3, 2Answer:
your answer should be 3, 3, 3, 3, 3, 3, 3, 2
Round 0.71 to the nearest tenth.
0.5
0.7
0.75
0.8
Answers
Answer:
0.7
Step-by-step explanation:
This one is simply pretty easy. the 7 in this is in the tenths place, and the 1 in this is in the hundredths place
13 degrees below 0 pls
Answers
Answer:
-13
Step-by-step explanation:
What calculation is modeled on the number line?
Answer ASAP will give brainliest 55 points too plzz
Answers
the correct answer is c !! hope this helps
Write this multiplication expression using an exponent: 2 . 2 . 2 = ?
Answers
Answer:2^3
Step-by-step explanation:
Identify whether the following items best fit with a discrete or a continuous model. Then determine whether it is a linear (arithmetic) or exponential (geometric) relationship that is being described. Finally, write the function that represents the situation.
One square inch is infected by bacteria. For every hour that passes the amount of area infected by the bacteria doubles.
Answers
Answer:
it will be a continuous model
Step-by-step explanation:
weekend weekend assume every amount of area infected by the bed period doubles as hour passes
what linear equation in slope intercept from does this graph represent?
Answers
Answer:
[tex]y = 16\frac{2}{3} x + 100[/tex] or [tex]y = \frac{50}{3} + 100[/tex]
Step-by-step explanation:
The equation of a line is [tex]y = mx + b[/tex], with [tex]m[/tex] being the slope and [tex]b[/tex] being the y-intercept.
We can see on the graph that the y-intercept, where the line crosses or touches the y-axis, is 100. So, our new equation is [tex]y = mx + 100[/tex].
Now we have to find the slope. Let's pick a point that's clearly on the graph. Perhaps (3, 150). And then we'll take the y-intercept point for convenience, (0, 100).
Then, we'll use [tex]\frac{y_{2} - y_{1}}{x_{2} - x_{1} }[/tex] to find the slope.
Let's substitute in our points.
[tex]\frac{150-100}{3-0}[/tex]
Simplify.
[tex]\frac{50}{3}[/tex]
Now, we can leave the slope like that or turn it into a mixed number. As a mixed number, your slope is [tex]16\frac{2}{3}[/tex].
We'll put that in our equation for a line and...bam!
[tex]y = 16\frac{2}{3} x + 100[/tex] or [tex]y = \frac{50}{3} + 100[/tex]
Hi please help me answer this :)
Explain answer
Will give braisnlt
Answers
Answer:
There are no solutions
Step-by-step explanation:
No intersections or points that apply for the equations.
Any intersection between both lines is a solution. As these lines are parallel they have no solution. If they met at any point, 90 degree or not, there is solution, the solution will be a point. If they are on the same line, hitting all the same points, the solutions are infinite.
can someone explain because im confused
Answers
Answer:
I'm pretty sure it is yes
Step-by-step explanation:
7/1=7. 14/2=7. 21/3=7. 28/4=7. 35/5=7.
(8x-17)(5x+19)
Find the converse and x
Answers
[tex](8x-17)(5x+19)\\40x^{2}+152x-85x-323\\ 40x^{2}+67x-323[/tex]
Solve for x: 24x + 12 = 16
Answers
Answer:
x=1/6 or x=0.1666666667
Step-by-step explanation:
